Dr. Steven Goldstein: Healthcare Pricing Up Front

Broadcast Running Time: 17:44

Hospitals around the country are pushing back on attempts to enforce price transparency for those seeking medical services.  Dr. Steven Goldstein (houstonhealthcareinitiative.org), Founder of the Houston Healthcare Initiative, joins us today.  He explains how hospitals use the cost plus system where they charge if there’s more time used or if doctors use something extra.  They should use the up-font one-price system which would incentivize them to be more efficient.  Even now, with transparency laws in place, hospitals are trying to get around quoting one price.  The system is geared toward insurance companies, hospitals, and doctors.  The patient, however, seems to be forgotten.  Except when the bill comes due.

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